The infrared thermography market for building inspection is estimated to be worth USD 445 million in 2023 and is projected to reach USD 606 million by 2028, at a CAGR of 6.4% during the forecast period. Increased adoption of non-destructive testing is a major factor driving the growth of infrared thermography market for building inspection globally. Moreover, export restrictions imposed on thermal imaging products are key restraints affecting the market growth.
The key players in infrared imaging market include Teledyne FLIR LLC (US), JENOPTIK AG (Germany), SKF (Sweden), Fluke Corporation (US), Raytheon Technologies Corporation (US), Axis Communications AB (Sweden), Inc, Xenics nv (Belgium), Zhejiang Dali Technology Co.,Ltd. (China), OPGAL Optronics Industries Ltd (Israel), InfraTec GmbH (Germany), Seek Thermal (US), Infrared Cameras Inc. (US) and Allied Vision Technologies GmbH (Germany). These market players have adopted various strategies such as development of advanced products, partnerships, collaborations, agreements, joint ventures, and acquisitions to strengthen their position in the infrared imaging market. The organic and inorganic strategies have helped the market players to expand themselves globally by providing advanced solutions for infrared imaging.
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Teledyne FLIR LLC (US)
Teledyne FLIR is one of the leading companies in the infrared imaging market for building inspection, offering an extensive range of innovative products and solutions tailored for building applications. Leveraging advanced thermal imaging technology, Teledyne FLIR's offerings are integral to predictive maintenance, energy audits, and process control, empowering businesses to enhance equipment health monitoring, energy efficiency, and manufacturing quality. The company's infrared cameras play a pivotal role in building security and surveillance, enabling superior situational awareness, perimeter monitoring, and threat detection. Moreover, these cameras find utility in fire detection, assessing building envelope integrity, and identifying insulation deficiencies, thereby transforming building management, safety, and operational efficiency.
Fluke Corporation (US)
Fluke is a prominent player in the infrared imaging market for building inspection, offering a range of advanced thermal imaging cameras tailored for building applications. These cutting-edge cameras harness sophisticated thermal imaging technology to seamlessly capture and present real-time temperature patterns and fluctuations. By effectively detecting and quantifying the infrared radiation emitted by objects, Fluke's cameras empower users to visually interpret and analyze heat distribution, identify potential energy wastage, and uncover various thermal behaviors within buildings.
Jenoptik AG (Germany)
JENOPTIK AG operates as a prominent photonics group globally, with a presence in over 80 countries through its own companies, investments, or associates. Organized into four key business segments—Advanced Photonic Solutions, Smart Mobility Solutions, Non-Photonic Portfolio companies, and Others—the company's offerings align well with the infrared imaging market for building inspections. The Advanced Photonic Solutions division stands out as a worldwide provider of photonics-rooted systems, emphasizing optics, micro-optics, laser technology, digital imaging, optoelectronics, sensor technology, and optical test and measurement systems.
Infrared Thermography Market for Building Inspection by Product (Cameras, Scopes, Modules), Solution (Handheld Thermal Camera, Fixed Mount Camera, Unmanned Infrared System), Platform (IR lens, Uncooled IR detector), Building Type - Global Forecast to 2028
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